“The light is too flashing and I can’t see clearly.”
“These people from IDG and Deutsche Bank are really good at it. What’s the name of that chief economist?”
“Lavonia.”
“That’s right, that Lavonia talks so eloquently and quotes from the classics, what kind of data analysis he uses, and what kind of model predictions he makes. If I were one of the institutions in the audience, I really can’t tell what his intentions are. It’s so stupid.”
Yu Hong gave me a deep gaze: "Isn't it all connected by you?"
Fang Zhuo shook his head repeatedly and denied: "I didn't know them before. I just came to support them through the country. I didn't communicate in private yesterday. How can this be called a series of connections? I can only say that we have a tacit understanding with each other. Oh no,
It can only be said that they are too familiar with this kind of gameplay."
Yike CEO is rarely humble. After the road show last night, he had one person review this simple promotion and come up with an analysis of how several institutions ended up. These presidents readily accepted the invitation, and they are all veteran players and actors.
In the past two years, about 30% of the stocks in the U.S. stock market have fallen below their issue price upon listing alone. I don’t know how many of them are passive and how many are active.
But no matter what, Goldman Sachs is almost firmly on the Diaoyutai. Even if there are occasional underwriting mistakes, the overall situation is definitely full of profits.
Yu Hong asked thoughtfully: "What if our listed stock price fluctuates and the market value goes from high to low?"
“What should I do?” Fang Zhuo was confused.
“The response from these institutions is so good. They work together to raise a high market value, and then someone in the secondary market takes over. The expected performance does not meet the standards, and the market value falls..." Yu Hong said with concern.
Fang Zhuo said strangely: "Isn't this market behavior?"
Yu Hong: “…”
“We, a Chinese company, came to New York in an unfamiliar place and followed the laws of market development. What else can we do?” Fang Zhuo asked, “Did we buy and sell by force? Did we falsify data? Did we evade taxes?”
He continued: "Investment institutions recognize our high growth. If we fail to achieve it, it will be a dereliction of our work. This requires reflection by all staff, but the expected high growth is indeed an advantage from an investment perspective."
"As for the market value at the current stage, we are not far behind. The funds raised will be obtained in real terms. Market value is just a number. Furthermore, based on the growth of the general environment in the past few years, the performance of the secondary market will be
A rising tide should lift all boats.”
Fang Zhuo looked at the marketing director and asked, "Xiao Yu, what do you think?"
Yu Hong looked at her boss and sighed: "Xiao Yu thinks the boss is very good."
"We need to discuss more with experts and review the market from time to time." Fang Zhuo also sighed, "The capital market here is indeed more naked. The reason why we can play this game is because Yike is really good, and the road is long and long.
.”
Yu Hong suddenly remembered a domestic saying: "What you buy is not what you sell."
“Large institutions eat up medium institutions, medium institutions eat small institutions, and small institutions benefit the American people.” Fang Zhuo said with a smile, “Yike’s listing on Nasdaq this time is to take it from the people and use it for the people.”
“Will anyone buy it in China?” Yu Hong asked.
Fang Zhuo was not sure, so he thought for a while: "In this situation, those who can spend US dollars to buy U.S. stocks don't need us to worry about it."
Yu Hong thought about it, and it was the same.
The road show in New York is over, and Fang Zhuo has no worries about the next road shows in San Francisco and Los Angeles. The work inside the venue is like a formality. As long as they cooperate with each other a little, everything will go smoothly.
At the same time, Goldman Sachs also arranged some interviews with the media, intending to package a charismatic high-tech company CEO from the East who meets the imagination of the secondary market.
Fang Zhuo was somewhat dissatisfied with this.
How can it be called packaging?
As long as the true character plays the role, it will be fine. If that doesn't work, wouldn't it be possible to bring Sony out and have a chat?
Thinking about it this way, Yi Ke is truly lucky to have such a good partner in Sony Music.
I don’t know if President Stringer of Sony America is in New York. Before going to other cities for road shows, it is really necessary to visit the partners to consolidate their friendship.
…
Changhong is going to formally sue the US company APEX!
This is the high-profile rhetoric of Changhong's public relations department in front of the media. The company has hired domestic lawyers and contacted foreign law firms, and will pursue legal means to recover APEX's default payment.
At the same time, in order to deal with this matter and to better open up foreign markets, Changhong will send an inspection team headed by Chairman Ni Runfeng to New York to strive to solve all aspects of the problem as soon as possible.
Encouraged by this news, Changhong’s stock price fell.
On December 15, a 20-member delegation from Changhong, led by Ni Runfeng, successfully arrived in New York and completed the first step in solving the problem.
That evening, the Changhong delegation settled down in a hotel in New York. Ni Runfeng decided to contact Mr. Xiao Fang, a nice person, and let him introduce Cadwalader Law Firm.
Ni Runfeng called and expressed his intention to come.
“Ah? Mr. Ni, you are in New York? What a coincidence. I just arrived in San Francisco. Why didn’t you contact me in advance before you came so I could catch you up?”
Ni Runfeng heard Mr. Xiao Fang’s enthusiastic voice on the phone and felt that it was a coincidence. Before forming the group, he was so focused on what to do for this trip that he really didn’t think of saying hello in advance, and he happened to be busy with the listing, so he didn’t think it through.
"So, Mr. Ni, you want to find a law firm to sue that dealer, right? I'll give you the phone number of Attorney Martin from Cadwalader Law Firm. He is professional enough and has a good relationship with me. You can just contact him directly.
When I return to New York from my road show, I will catch up with my brother."
Xiao Fang on the phone is always very considerate.
Ni Runfeng felt a little calmer. Although he had come to the United States for a few months when he was out of office last time, it was different this time. The legal proceedings he was about to go through were being watched by the delegation. Xiao Fang always had connections in New York.
If you are willing to help, things will be much easier.
He thanked him profusely and stopped by to congratulate Yike again on its upcoming listing.
After the call ended, Ni Runfeng sat in his room and organized his words, then called for a translator and dialed the number of lawyer Martin introduced by Mr. Xiao Fang.
The call is connected.
The translator stated the purpose of the visit according to the chairman's original words, and then said that the introducer was Fang Zhuo, the president of Yike.
Ni Runfeng didn’t even need a translator and almost immediately felt the enthusiasm on the other end of the phone.
Sure enough, Mr. Xiao Fang does have a good relationship with this lawyer.
“Okay, since it’s Mr. Fang who introduced me, I will do my best.”
In the office of the Cadwalader law firm in New York, lawyer Martin sat upright, waiting for the big job he had discussed with Fang Zhuo.
He spoke enthusiastically in English for a while and then suddenly switched to fluent Chinese.
“Mr. Ni, we can communicate directly. My grandma is Chinese and I am a mixed race from six countries. Let’s meet at your convenience at any time.”
“Okay, Mr. Martin, let’s meet at your law firm at nine o’clock tomorrow morning.”
Ni Runfeng was surprised and happy when he heard Mandarin.
He set a time and decided to see this law firm with his own eyes, not because he was worried, but because he wanted to let the inspection team know that formal procedures were being followed.
The agreement between the two parties is completed.
Ni Runfeng asked the translator to leave the room. He thought about the matter for a while, then took out his mobile phone and carefully edited a thank-you text message and sent it to Mr. Xiao Fang in San Francisco.
Alas, I have been having bad luck lately, so I am very lucky to be able to meet Mr. Xiao Fang.